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NSE:EBGNG

GNG ELECTRONICS LIMITED

Information Technology › IT - Hardware·NIFTY MICROCAP 250NIFTY SMALLCAP 500NIFTY TOTAL MARKET
₹724.00
at close · 27 Oct 2026
▲ 12.10 (+1.70%)
ThemesArtificial Intelligence· mention

Latest filings

  1. Subsidiary leases refurbishment facility in UAE SAIF Zone for 25 years · Capex & Operations
  2. Routine compliance certificate on demat holdings for Q2 FY27 · Compliance
  3. Promoter Vidhi S Khandelwal sells 3% stake in GNG Electronics · Ownership Changes
All filings ↓
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Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Refurbishes laptops, desktops and enterprise computing systems and resells them to channel partners and end-buyers across international markets including India, the US and Europe. Distribution runs through partners such as Redington Limited, which alone gives access to over 70,000 channel partners across 40-plus markets, with India contributing 33% of revenue, the US 24% and Europe 23%. FY26 revenue reached Rs 1,891 crore, and Q1 FY27 revenue grew 32% year-on-year to Rs 412.5 crore, with Q1 gross margin at 24.6% and PAT Rs 28.9 crore. The model is asset-light and working-capital-driven, with strategic inventory funding an instant-delivery capability. Employee cost is 5.5% of FY26 revenue and other operating expenses 4.2%. Recent expansion runs via the EB Elite Program, Chai Pe Charcha and national distributors.

Operating scale
Countries served
49Q1 FY27
Customer touchpoints
5,130Q1 FY27
Employees
2,420Q1 FY27
Full-year volumes
7,27,000 unitsFY26
Q4 FY26 laptop ASP
~Rs 30,000Q4 FY26
Strategic inventory
~Rs 700 croreQ1 FY27
Who pays it
Channel partners, distributors, enterprise, education and institutional buyers across international markets.
Biggest cost
Inventory procurement, with strategic inventory of ~Rs 700 crore underwriting sourcing and instant-delivery.
Kind of business
Asset-light, working-capital-driven refurbished IT hardware distribution.
Where it sits
Described in its press release as India's largest laptop refurbisher.
Market Cap
₹8,254 Cr
P / E (TTM)
58.6×
EV / EBITDA
39.4×
Div Yield
—
Growth
—·
Revenue 5y CAGR
PAT — · EBITDA —
Quality
24.1%▲
ROCE (FY26)
ROE 17.4% · margin 10.6%
Leverage
0.53·
Debt / Equity · moderate
Net debt ₹337 Cr
Moves on a normal day
2.07%·
Median daily move
Last 267 sessions · the yardstick for filing-day moves
Where it sits among 18 Computers Hardware & Equipments peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#10/16
P/B#14/16
ROCE#4/19
ROE#3/16
Debt / Equity#15/16
EBITDA margin#4/13
Revenue growth#4/15
Profit growth#6/15

Scorecard

Measured from the filed financials, judged against its Computers Hardware & Equipments peers · as of FY26 — not investment advice

Strengths
Returns on capital 24.1%
#4 of 19 in Computers Hardware & Equipments on the latest reported figures
Concerns
Carries more debt than its peers — 0.53× equity
higher than 93% of its 16 Computers Hardware & Equipments peers
Heavy working capital — 178 days of cash tied up

Charts

How has the market priced it — with filings on the timeline?

EBGNG · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Peers

How does it stack up on valuation, returns and growth?

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Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from GNG ELECTRONICS LIMITED's filed financials and exchange disclosures

What does GNG ELECTRONICS LIMITED do?

GNG ELECTRONICS LIMITED is a IT - Hardware company listed on NSE and BSE, trading under the symbol EBGNG.

Is GNG ELECTRONICS LIMITED profitable?

Yes. Over the trailing twelve months GNG ELECTRONICS LIMITED reported a net profit of ₹142 Cr on revenue of ₹1,991 Cr.

Does GNG ELECTRONICS LIMITED pay a dividend?

Not in the latest reported year — GNG ELECTRONICS LIMITED's dividend payout for FY26 was nil.

Is GNG ELECTRONICS LIMITED debt-free?

No. It reported borrowings of ₹406 Cr on its 31 Mar 2026 balance sheet, or net debt of ₹337 Cr after cash. Debt stands at 0.53× equity. That is higher than 93% of its 16 Computers Hardware & Equipments peers.

Is GNG ELECTRONICS LIMITED expensive compared with its peers?

On trailing P/E, GNG ELECTRONICS LIMITED ranks 10 of 16 in Computers Hardware & Equipments — cheaper than 40% of them, against an industry median of 24.9×. This is a position, not a valuation judgement.

How much does the GNG ELECTRONICS LIMITED share price move in a day?

On a typical session GNG ELECTRONICS LIMITED moves 2.07% — that is the median absolute close-to-close move across its last 267 trading days. MarketPing measures each filing's price reaction against it.

Where can I track GNG ELECTRONICS LIMITED's announcements?

Every NSE and BSE filing by GNG ELECTRONICS LIMITED appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.